IkeGPS placement completes but no deals ‘imminent’
Underwrite was important to guarantee cash for acquisitions, company says.
IkeGPS chair Rick Christie says the cost of an underwrite was worth it for the $19.2 million raised in a placement to institutional investors this week.
The NZX-listed, US-based company, whose technology helps utilities such as lines companies manage their pole infrastructure, aims to raise a
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